How long does a lender usually want a borrower to live in a primary residence before they move out and make it a rental property, (in order to keep the lower primary-residence loan rate)? 

My wife and I are looking to purchase our first investment property. We are primarily looking in eastern TN, but have looked in NC and SC as well. However, our current roadblock is that we are a little short on funds ...

Hey BP! I purchased my first SFH less than 2 years ago (May 2019), but am in the process of selling to live with my SO and to aggressively save to pay off my student loan debt from grad school. My house value has incr...

Hello, I am evaluating an option with my wife to turn our current primary home into rental properties within a few years as my first step to becoming a real estate investor. Getting the expert's opinions on this would...

I have identified the properties I want. They are fully occupied with paying tenants. I have asked for two years of financials to substantiate the claim. What other type of documentation should I ask for? Is there any...

Ok this is a weird idea I cooked up. Here’s what I want to do. I have a condo that has appreciated a ton that I bought in 2017, (like everyone) it’s a rental property. I was wondering if I could sell it and transfer t...

It's been difficult to find answers for this specific situation, but I was curious if anyone could answer based on their experience.  I'm not looking for tax advice, but just curious how capital gains are calculated w...

Hello,Say I sold a home and I paid capital gain taxes because I lived in there home more than 1 year. Where my capital gain was $50,000 my capitals gains tax bracket was 10% which leaves with $45000 profit. Do I have ...

Hello friends,
What are the rules to avoiding capital gains tax?
I believe it’s a minimum of living in a primary residence for two years. But what about turning it into a rental after the 2 years?
My first house I ...

Hi!  I'm a current homeowner with approx. $150k in equity.  My husband and I are looking to buy a fixer upper from our city to rehab for our future primary residence.  We'd be paying for the property in cash but need ...